Tag: Royal Government of

Bhutan’s Government Transfers $40M in Bitcoin to QCP Capital

The Royal Government of Bhutan transferred 402 Bitcoin (BTC) worth $39.56 million to QCP Capital. This is the latest in a series of transactions from Bhutan’s government, which has been actively selling its Bitcoin reserves since October. The government has not disclosed the reasons behind these transactions, but deposits to cryptocurrency exchanges are often associated …

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